Posts Tagged: 2014

US Middle Class 20% Poorer Than in 1984

Nostalgia is just about the only thing the middle class can still afford. That’s because median wealth is about 20 percent lower today, in inflation-adjusted dollars, than it was in 1984. Yes, that’s three lost decades. Now, as you might expect, the middle class has been hit particularly hard by the Great Recession and the… Read more »

The Advocate’s 7th Gayest City for 2014: Madison, Wisconsin

Madison is outdoorsy, educated, friendly, and progressive. Larger cities Milwaukee and Chicago are within driving distance, but even so, the city’s got its own day — and nightlife. Locals imbibe at slick video bar Plan B (PlanBMadison.com; Thursdays are 18 and over); the bear-leather-sports bar Woof’s (WoofsMadison.com): the big disco FIVE (FiveNightclubMadison.com); the relaxing Captain… Read more »

New Lending Rules Will Affect Home Sales Over $650K

It goes without saying that financing is the most important element of purchasing a home. Most people come into the marketplace as buyers when they realize the rent they are paying is equivalent to a mortgage payment in this low-interest rate environment. What is typically missing is the cash for the down payment. Some purchasers… Read more »

The Advocate’s 15th Gayest City for 2014: Pittsburgh, Pennsylvania

From Apple Maps[/caption]Pittsburgh’s women’s colleges, Chatham University and Carlow University, give the city a two-point boost, but it’s got queer history too: Andy Warhol, Gertrude Stein, and Willa Cather all called this place home. The arts scene is flourishing, with the Warhol Museum (Warhol.org), the Mattress Factory contemporary art museum (Mattress.org), and a vigorous theater… Read more »

What to Expect From Real Estate in 2014

It’s time to look ahead to 2014 and what is coming in the real estate market. The Urban Land Institute recently released it’s closely followed annual “Trends in Real Estate 2014 Report”. While most investors are interested in their local market, this report looks at the big picture. Something all investors need to stay aware… Read more »

Hot US Housing Markets to Watch in 2014

As the housing recovery continues into 2014, some new real estate markets will start getting more attention. Real estate site Trulia has come up with a list of the top 10 housing markets to watch in 2014. Jed Kolko, Trulia’s chief economist, told Business Insider that two main factors were considered when compiling the list…. Read more »

US: Real Estate Recovery Delayed Until 2014?

More than half U.S. homeowners and renters say housing won’t recover until at least 2014, reflecting a deepening pessimism about the real estate market, according to a survey by Trulia Inc. and RealtyTrac Inc. The survey, taken in April, found that 54 percent of respondents don’t expect a recovery for at least three years, up… Read more »